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Albert and Jason admit Martha to their partnership, with Martha paying $ 60 comma 000$60,000 more than the book value of her equity in the
Albert and Jason admit Martha to their partnership, with Martha paying $ 60 comma 000$60,000 more than the book value of her equity in the new business. Albert and Jason have no formal profit-and-loss-sharing agreement. What effect does admitting Martha to the partnership have on the capital balances of Albert and Jason question mark
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